RE:RE:RE:AGM at July7th Thanks Damapik. I hadnt seen this shareholder letter. (No email from co. and not listed in the PR area where I check for quotes.) Have been shareholder for many years. Appreicate your posting.
Here is copy/paste of what I felt was some pertinent info relating to the repricing of warrants issue.
By repricing strike price of the existing 24 million warrants to 26 cents (with strike prices from 40 to 70 cents, most of which expire by end of 2021), the Company could raise an additional $6.24 million assuming full exercise. This sum would fully fund the Company’s 2020 operation which includes regional Pulacayo exploration and a resulting drill program. An additional $2.4M will be raised if the May 2020 placement warrants were exercised (15.2M at $0.16).
GLTA wm